After last month bitcoin reached $10k and corrected it back to $8500 which made altcoin a big dump, now bitcoin is back up and altcoin is slowly following. It looks like this will continue to happen quite quickly before the halving bitcoin occurs.
Hi friend .. Look again at the current market conditions, it seems like BTC is still holding below $ 8k and I think it still needs correction with a rather long time to be able to crawl back up to $ 10k. 
Topic: Bitcoin & Its Momentum - page 2. (Read 1385 times)
After last month bitcoin reached $10k and corrected it back to $8500 which made altcoin a big dump, now bitcoin is back up and altcoin is slowly following. It looks like this will continue to happen quite quickly before the halving bitcoin occurs.
I think bitcoin is already preparing for it's price increase again.
The dump has ended and it seem's like it is being stable at $8.6K so for me it is just waiting to break free and move up again.
The dump has ended and it seem's like it is being stable at $8.6K so for me it is just waiting to break free and move up again.
Yes the Bitcoin price has stable at $8.6k from past 3 days I think the Bitcoin price is still under the support level it can go up in any time once bitcoin price break up supporting level price and I hope it can happen very soon.
I think bitcoin is already preparing for it's price increase again.
The dump has ended and it seem's like it is being stable at $8.6K so for me it is just waiting to break free and move up again.
Can't be sure with that. Bitcoin is always like that and there are unexpected corrections that usually happen. The momentum that we can speak of with it right now is that the beginning of this year, price was lesser than it is today. Most of the people doesn't see it because they have a sticked mind to $10,000 because it went there and doesn't realized that we're still up and needless to say that it's ready to make its movement upwards. The dump has ended and it seem's like it is being stable at $8.6K so for me it is just waiting to break free and move up again.
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The momentum will be welcomed well because bitcoin has moved to the price of $ 9,000 + this will be a good correction because bitcoin is growing in the market so to redeem the price of $ 10,000 will soon be passed in the near future.
Halving is still on the way and I feel like that will be the major driving force for BTC to surpass 10k Maybe with that we will see the resurgence of the market,more ico,ieo or just better project coming up Last year wasnt that all great and many even withdraw for crypto Hoping that the momentum expands and maintain a better marketTo begin with, halving should remove inefficient miners from the market. A lot of obsolete equipment must be turned off. Such events can affect the price of bitcoin only negatively and I assume that it will at least temporarily sag. It will be a fall like around October-November 2018.
As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.
This is just in my thoughts as per my observation, the momentum achieved is mere hype nowadays compare to the bitcoin price momentum last 2017, I guess the players are now more careful and more anxious about losing.
I think bitcoin is already preparing for it's price increase again.
The dump has ended and it seem's like it is being stable at $8.6K so for me it is just waiting to break free and move up again.
The dump has ended and it seem's like it is being stable at $8.6K so for me it is just waiting to break free and move up again.
Well it's a sight to see to say the least and on the other side of things the Dow Jones is having a nightmarish like week as well. Good thing it is the end of the work week.
Dow Jones crashed that much and having hard time to find stability. While bitcoin, despite of the correction, it's being stabilized now and anytime can go back to $9k-$10k lines.It should also be considered that when you have posted this thread, the month of January started from $7k.
Well it's a sight to see to say the least and on the other side of things the Dow Jones is having a nightmarish like week as well. Good thing it is the end of the work week.
I do love what is going on in the space currently, the euphoria that people were shouting 10X forgetting where we were coming from need a reality check. I do believe the price is upward direction but we need to be realist, the coronavirus also is not helping because people are not able to move out and make money that should fuel the next bull run
As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.
It will for surely gonna go up sooner or later because everyone will be hype up to the halving event. It will make the investors to invest into bitcoin much more because they know that sooner or later it will become profitable. They are investing in bitcoin because after halving, there is a possibility that the value of it will be higher than they expect. 
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The momentum will be welcomed well because bitcoin has moved to the price of $ 9,000 + this will be a good correction because bitcoin is growing in the market so to redeem the price of $ 10,000 will soon be passed in the near future.
Halving is still on the way and I feel like that will be the major driving force for BTC to surpass 10k Maybe with that we will see the resurgence of the market,more ico,ieo or just better project coming up Last year wasnt that all great and many even withdraw for crypto Hoping that the momentum expands and maintain a better marketTo me it seems weird to call a rally a correction, since there has been no crash recently unless you think this is a very long term correction, for which I would actually disagree. Not that I do not like the price, who does not like it? But if you are truly practical, to see altcoins priced over $100 now when no one is still really using them I would say is not a correct price.
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The momentum will be welcomed well because bitcoin has moved to the price of $ 9,000 + this will be a good correction because bitcoin is growing in the market so to redeem the price of $ 10,000 will soon be passed in the near future.
Halving is still on the way and I feel like that will be the major driving force for BTC to surpass 10k Maybe with that we will see the resurgence of the market,more ico,ieo or just better project coming up Last year wasnt that all great and many even withdraw for crypto Hoping that the momentum expands and maintain a better market 
Wow that's a really bearish outlook, any suggestions or thoughts into why?
You should not always thing if that will be a bearish outlook. Some times the correction is needed to search the correct position for bitcoin and the whole of the market. Just expect this will not be so long and that will happened for the next days. This is a common correction that happened in any pump of bitcoin. Wow that's a really bearish outlook, any suggestions or thoughts into why?
Halving brought to this kind of level and actually it makes people be hopeful enough as this serves as a helping tool for the market to soars high. Though it is quite that slow but its not a problem. The current market momentum is showing great that we might able to reach its peak this year. What we have now is not to break its momentum and not being in FOMO'ed when we saw dump and sell our Bitcoin cause that will always lead into its ends and lowering down the price.
Wow that's a really bearish outlook, any suggestions or thoughts into why?
I see bitcoin maintaining its present price (below $10k) until around middle of this year after which the price may drop. This definitely will afford the price other cryptos either directly or indirectly.
The charts and patterns are showing bullish signs on the markets. This might not make any price correction but might lead bitcoins to cross $10k in the coming times. Bitcoins were actually in the dip for long time after the end of the bull runs from mid 2017 and from then to now, we could not see the price crossing more than 50% of its actual value. This might chance in few coming months.
Making a enhanced technical analysis and also studying the patterns and charts, a great pump can be predicted to happen shortly which would be followed by a number of pumps which would cross the limit of $10k in no time and the journey would continue until a final price is been reached.
Making a enhanced technical analysis and also studying the patterns and charts, a great pump can be predicted to happen shortly which would be followed by a number of pumps which would cross the limit of $10k in no time and the journey would continue until a final price is been reached.
I thought given the current news around the world that Bitcoin would have the push it needed for the 10,000 usd mark. Only time will tell.
As it stands, Bitcoin along with many other Digital Currencies have been on a Rampage recently. Some achieving all new highs while BTC is sitting on top of 9k+ usd. Only question that comes to mind now is what next? Will it have enough momentum to break thru to the 10k usd mark or will we see a major price correction? As usual any thoughts and comments are more than welcome.
No one knows yet this market had been unpredictable since from the start.We dont know if it will break out resistance or would dump again.
We cant directly pinpoint nor conclude on how things should go.Momentum can either go turn upside down on least expected.
For now the most important thing to be done is to know or utilize on making profits or money.Traders should be wise on dealing with
volatile prices.
For me, I find benefits from mid range or short range trading which does not make me bother about the future price but yes, I am the one who closely monitors the graph at least for bitcoins so any such huge pump or dump can be predicted few hours before it happens so it makes me find profits by quickly buying and selling.
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